Jim Cramer: There’s No Way We’ll See More Railroad M&A

Jim Cramer says the antitrust environment out there will make it difficult for any railroad mergers to be approved by regulators.
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Canadian Pacific (CP) - Get Report  could make a bid for another railroad, after abandoning its plan to merge with Norfolk Southern (NSC) - Get Report , but the antitrust environment out there makes it difficult for any railroad mergers to be approved by regulators. The government recently nixed Pfizer's (PFE) - Get Report  $160 billion merger with Allegan (ACT) - Get Report .

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.